FedEx Corp
FedEx cuts full-year results forecast on ‘uncertainty’ in economy, bad weather
A FedEx plane prepares to leave the FedEx Cargo Hub at Miami International Airport on Feb. 12, 2025 in Miami, Florida. Joe Raedle | Getty Images FedEx lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly soft demand and uncertainty in the U.S. industrial economy as President Donald Trump imposes tariffs on trading […]
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Friday’s big stock stories: What’s likely to move the market in the next trading session
Stocks’ attempt at extending the post-Fed rally failed on Thursday, with all three major averages notching modest losses. Here’s what CNBC is watching Friday. Source
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Stocks making the biggest moves after hours: Nike, FedEx, Micron Technology and more
Check out the companies making headlines in extended trading. FedEx — Shares slipped more than 4% after the shipping company reported an earnings miss in the fiscal third quarter. FedEx posted adjusted earnings of $4.51 per share, while analysts polled by LSEG had called for $4.54 per share. Meanwhile, quarterly revenues of $22.16 billion came […]
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S&P 500 seesaws as benchmark tries to continue comeback from monthlong rout: Live updates
Traders work on the floor at the New York Stock Exchange on March 20, 2025. Brendan McDermid | Reuters The S&P 500 fell on Thursday as the index attempted to build on the previous session’s strong gains, while some solid housing data assuaged some concerns about the U.S. economy falling into a recession. The S&P […]
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Europe stock markets set for muted open ahead of central bank bonanza
European markets are heading for a cautious open Thursday, with major bourses set to open nearly flat as investors await monetary policy announcements from the Bank of England, Swiss National Bank and Sweden’s Riksbank. The flurry of European activity comes after the U.S. Federal Reserve on Wednesday held its key rates, while indicating two quarter […]
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A big markets week lies ahead that could determine whether this correction turns into a bear
The roller coaster ride that is the stock market lately is unlikely to come to an end anytime soon, with investors desperate for any clarity on the macroeconomic picture that could put a bottom in for equity prices. Wall Street is headed for a big week ahead, with economic data set to be scrutinized by […]
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Stocks making the biggest moves midday: General Motors, Tyson Foods, Triumph and more
Check out the companies making headlines in midday trading: Stocks moving on tariffs — U.S. stocks are off their lows after the U.S. and Mexico said tariffs against the latter country would be delayed for one month. Initially, stocks dropped on tariffs announced over the weekend against key trading partners, with a 25% tax on […]
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Stocks making the biggest moves premarket: General Motors, Constellation Brands, Tyson Foods and more
Check out the companies making headlines before the bell. Stocks moving on tariffs — U.S. stocks reacted to the new 25% tariffs President Donald Trump levied on Saturday on goods from Canada and Mexico, and 10% on China, effective at midnight Monday. Stocks suffering the most included automakers and suppliers, consumer goods makers, clothing companies, […]
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UPS shares tank 17% after weak guidance, plan to slash Amazon deliveries by more than half
Amazon Prime and UPS trucks are seen on a building in Washington DC, United States on July 12, 2024. Jakub Porzycki | Nurphoto | Getty Images Shares of United Parcel Service plunged more than 17% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, […]
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Dozens of flights diverted, delayed after FAA warned of SpaceX rocket debris
View of Space X’s Starship on the launch pad for its seventh test flight, in Boca Chica, Texas, U.S. Maxar Technologies | Via Reuters Several commercial flights were diverted or delayed after SpaceX’s Starship rocket broke up during its seventh flight test on Thursday. Dozens of flights were affected, according to flight-tracker Flightradar24. The Federal Aviation […]
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